Report: Buffett Rule To Bring In $31 Billion Over 11 Years

President Obama's plan for a "Buffett rule" tax on the wealthy would rake in just $31 billion over the next 11 years, reports the Associated Press:

That figure would be a drop in the bucket of the over $7 trillion in federal budget deficits projected during that period. It is also miniscule compared to the many hundreds of billions it would cost to repeal the alternative minimum tax, which Obama's budget last month said he would replace with the Buffett rule tax.